"One more major correction, and then the long-awaited upward trend may finally begin."
đ This seems to be the general consensus around the world.
But I can't help but wonder: What could go wrong? đ€
In my opinion, since many people are still sitting on the sidelines, waiting for a big dump, the path of maximum pain might lead to an upward movement from here. đ
After yesterdayâs rate cut, the game has changedâperhaps it's time to take bolder action. đĄ
What if the parabolic upward movement has already started? âĄïž
Are you ready for that scenario?
Don't get me wrong, though: from a technical analysis perspective, we still need to see a high timeframe close above $64.5k/65k for confirmation. Until then, another correction is possible. However, I don't foresee $BTC dropping much lower, and certainly not into the low $50-40k range. đ°
Stay prepared!
